Money & Banking Syllabus (Maclachlan)

Money & Banking

Syllabus

Manhattan College
School of Business
Money and Banking
ECON 305, Spring 2001

Section 1 (10:10-11:05)
Section 2 (11:15-12:10)

Catalogue Description, Course Purpose and Objectives

READINGS

Roger LeRoy Miller & David VanHoose, Money, Banking, and Financial Markets, South-Western College Publishing, 2001.
Internet readings are linked to this syllabus at www.manhattan.edu/~fmaclach/mb/mbsyl.htm and may be updated during the semester
A subscription to the Wall Street Journal is recommended but not required. How to Read The Wall Street Journal

Dr. Maclachlan
Rm. 448, Memorial Hall
(718) 862 7466
www.manhattan.edu/~fmaclach/
email fmaclach@manhattan.edu

OFFICE HOURS
Tuesday, Thursday, Friday: 9:00-10:00 am, 12:40-1:20 p.m.
Or by appointment. (Feel free to stop by any other time I'm in my office.)

COURSE OUTLINE

Week	Topic	Readings: Text Chapters and Internet links.
1. Jan. 23, 25,26	Introduction and Overview	1, 2 History of Money from Ancient Times to the Present Day E-money mini-FAQ The Clearing House Interbank Payments System
2. Jan. 30, Feb. 1,2	Intro. cont.	3 Argentina's Patacon The Dollar Coin Efficient Markets Hypothesis Dow Jones Averages
3. Feb. 6, 8, 9	Interest Rates and Term Structure	4 Bloomberg Online: U.S. Treasury Yield Curve Term Structure Movie
4. Feb 13, 15, 16	The Foreign Exchange Market	5, 6 Currencies of the World Report on Euro
5. Feb. 20, 22, 23	Managing Risk in a Global Economy	8 Hillary's Bull Market
6. Mar. 1, 2	Tues. Feb. 27: Test 1 Depository Financial Institutions	11
7. Mar. 6, 8, 9	The Economics of Depository Institutions	12 Shift to capital makets from banks
	SPRING BREAK!
8. Mar. 20, 22, 23	The Business of Banking: Depository Institution Management and Performance	13 End of "High" Finance Crony Capitalists
9. Mar. 27, 29, 30	Banking Regulation	14, 15 More Deregulation? End of Glass-Steagall
10. April 3, 5, 6	Depository Institutions & Money	16
11. April 10 April 13: Good Friday, no class.	The Federal Reserve System Thurs. April 12: Test 2	17 TheStreet.com: The Case for Privatizing the Fed FRB: Federal Reserve Board Speech from 04/29/1999
12. April 17, 19, 20	Central Banking & the Financial System April 20: Guest Lecture on Internet Banking. Douglas Emond '84, Director of eBusiness Online Lending FleetBoston	18 Uncloak the IMF Currency Boards
13. April 24, 26, 27	Monetary Policy	20 United States Monetary Policy
14. May 1, 3, 4	Monetary Policy and the Macroeconomic Environment	27, 28 Economist.com: Fighting America’s inflation flab The Inflation Calculator CPI - Consumer Price Index, Analysis and Business Implications: The Dismal Scientist
15. May 8 (Fri. schedule)	Review Questions

INTERNET LINKS

EVALUATION

Test 1....................................... 20%
Test 2....................................... 25%
Preliminary Report(April 17)........ 5%
Final Draft (due May 1)...............15%
Final examination .......................35%

Test Bank

ATTENDANCE. In accordance with school policy, the Dean's office will be notified if a student has more than four unexcused absences. Two latenesses will count as one absence. All excuses must be in writing, (preferably an e-mail fmaclach@manhattan.edu ) Absence from a test will result in a grade of zero for that test unless a documented excuse is presented.

STUDENT CODE OF CONDUCT

Dr Maclachlan
Department of Economics and Finance
Manhattan College

last modified 21aug01 by f.c. maclachlan